CSIMarket
 
Vereit Inc   (VER)
Other Ticker:  
 
 
Price: $0.0000 $0.00 %
Day's High: 0.00 Week Perf:
Day's Low: $ 0.00 30 Day Perf:
Volume (M): 0 52 Wk High: $ 0.00
Volume (M$): $ 0 52 Wk Avg: $0.00
Open: $0.00 52 Wk Low: $0.00



 Market Capitalization (Millions $) -
 Shares Outstanding (Millions) 246
 Employees 242
 Revenues (TTM) (Millions $) 1,075
 Net Income (TTM) (Millions $) 222
 Cash Flow (TTM) (Millions $) -206
 Capital Exp. (TTM) (Millions $) 609

Vereit Inc
Vereit Inc. is a publicly traded American real estate investment trust (REIT) that was founded in 2015. It is headquartered in Phoenix, Arizona, and its common stock is traded on the New York Stock Exchange (NYSE) under the symbol VER.

Vereit's business model involves owning and managing a diverse portfolio of commercial real estate properties across the United States, including retail, office, and industrial properties. These properties are leased to a variety of tenants, including major corporations and small businesses, with long-term leases that provide stable cash flow to the company.

One of Vereit's distinguishing features is its focus on real estate net lease properties. Under this arrangement, tenants are responsible for paying not only rent but also the property taxes, insurance, and maintenance of the property. This frees up Vereit from these responsibilities, enabling it to focus on acquiring and managing properties, while still providing attractive returns to investors.

In terms of financials, Vereit's annual revenue as of December 31, 2020, was $1.73 billion, with a net loss of $105 million. The company's market capitalization was $9.22 billion as of July 2021.

Vereit has a well-diversified portfolio of properties across the United States. As of December 31, 2020, the company owned 3,822 properties across 49 states and Puerto Rico, with a total leasable area of approximately 94 million square feet. Its top tenants include Dollar General, Walgreens, and FedEx, among others.

In terms of management, Vereit is overseen by an experienced team of real estate professionals who have a long-standing track record of success in the industry. Vereit's board of directors is made up of seasoned professionals with diverse backgrounds across the real estate, finance, and business sectors.

One issue that Vereit has faced in recent years is its involvement in an accounting scandal that occurred in 2014. The company was formerly known as American Realty Capital Properties (ARCP) before changing its name to Vereit following the scandal. The scandal involved overstating financial results, leading to the resignation of the former CEO and CFO, and legal settlements of over $1 billion.

Overall, Vereit is a well-established REIT that offers investors a diversified portfolio of net lease properties with stable long-term cash flows. The company's experienced management team, combined with its focus on net lease properties, offers investors an attractive investment opportunity in the real estate sector.


   Company Address: 2325 E. Camelback Road, 9th Floor Phoenix 85016 AZ
   Company Phone Number: 606-3610   Stock Exchange / Ticker: NYSE VER
   


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
• View Complete Report
   



Mbc Funding Ii Corp

Mbc Funding Ii Corp Faces Make-or-Break Quarter in Q4 2023 Earnings Season

Mbc Funding Ii Corp (NASDAQ: LOAN) recently released its fourth-quarter earnings report for 2023, and the results have left investors with mixed feelings. While there are some concerning aspects, there are also positive indicators that suggest the company is well-positioned for future success.
Starting with the financials, Mbc Funding Ii Corp reported earnings per share of $0.00 for the fourth quarter of 2023, compared to $0.09 in the same period a year before. This decline may cause alarm for some investors, but it's important to note that this quarter's earnings were in line with the prior quarter. This stability could be seen as a positive sign, especially considering the challenges that businesses have faced amid the ongoing pandemic.

Armour Residential Reit Inc

Armour Residential Reit Inc Surges with 658.83% Increase in EPS in Fiscal Interval Ending December 31, 2023

The fiscal interval ending December 31, 2023 has been nothing short of exceptional for ARRPRC, as evidenced by the remarkable increase in EPS by 658.83% to $2.05 per share. This significant growth is a clear indicator of the company's improved performance and strong financial position. Not only did ARRPRC manage to turn its EPS positive from a negative figure in the prior financial reporting period, but it also saw a substantial surge in net income to $99.642 million, marking a 152.83% increase from the previous year.
The fact that the revenue remained stable at $0.00 million may raise some concerns, but it is important to note that this is not necessarily a negative sign. In fact, it could be indicative of the company's strategic decision to focus on profitability and operational efficiency rather than just chasing revenue numbers. This disciplined approach to financial management is likely to pay off in the long run, as evidenced by the impressive growth in EPS and net income.

Healthcare Trust Inc

Healthcare Trust Inc Faces Financial Challenges Despite Revenue Growth in Q4 2023



Healthcare Trust Inc (HTI) recently released its financial results for the interval closing December 31, 2023. While the company witnessed a growth in revenue, it also experienced a significant increase in net losses compared to the previous year. These figures have raised concerns within the Real Estate Investment Trusts (REITs) sector, as competitors outperformed HTI in terms of business elevation. Nevertheless, HTI remains determined to navigate these challenging times and looks ahead to its upcoming financial report, scheduled to be released on March 16, 2024.
Losses per Share and Revenue Growth:
The financial report reveals that HTI's loss per share increased from $-0.18 to $-0.22 compared to the previous year, while the revenue barely grew by 2.202% to $86.78 million. Sequentially, an increase of 1.277% was observed from the preceding reporting period. Although the revenue growth is positive news for HTI, it falls behind its REITs sector peers.

Ashford Hospitality Trust Inc

Strategic Measures Pay Off: AHT's Financial Results Show Promise for Future Growth



Ashford Hospitality Trust Inc (AHT) reported its financial results for the fiscal fourth quarter of 2023, showcasing several noteworthy changes. The company has been actively implementing strategic measures to improve its financial position by divesting non-core assets and focusing on properties with long-term growth potential. This article aims to analyze the impact of these results on Ashford Hospitality Trust Inc's future prospects.
1. Positive Earnings Per Share Improvement:
Ashford Hospitality Trust Inc experienced a significant reduction in loss per share, reporting a decrease from $-1.48 to $-0.90 compared to the previous year. This development indicates the company's progress in managing its expenses more effectively and narrowing its losses.

Clipper Realty Inc

Clipper Realty Inc. Continues to Impress with Strong Fourth Quarter 2023 Results

Clipper Realty Inc. has recently announced its strong fourth quarter 2023 results, showcasing the company's growing presence in the New York real estate market. With quarterly revenues reaching $34.9 million and income from operations totaling $9.0 million, Clipper Realty has proven its ability to thrive in the highly competitive industry.
As a prominent owner and operator of multifamily residential and commercial properties in the New York metropolitan area, Clipper Realty has strategically positioned itself to meet the growing demand for high-quality spaces. The company's success in delivering strong financial performance is a testament to its expertise and dedication to providing top-notch properties to its customers.






 

Vereit Inc's Segments
 
 
• View Complete Report




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com